Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
ALPS/Smith Credit Opportunities A SMCAX
- NAV / 1-Day Return 8.95 / −0.11 %
- Total Assets 220.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.200%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 5.13%
- Effective Duration 4.16 years
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:18 AM GMT+0
Morningstar’s Analysis SMCAX
Will SMCAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Morgan Stanley Instl Lqudty Govt Instl | 7.03 | 16.6 Mil | Cash and Equivalents |
United States Treasury Notes 4.88% | 2.99 | 7.1 Mil | Government |
Invesco Senior Loan ETF | 2.00 | 4.7 Mil | — |
United States Treasury Bonds 4.75% | 1.72 | 4.1 Mil | Government |
United States Treasury Bonds 4.75% | 1.69 | 4.0 Mil | Government |
Midwest Connector Capital Company LLC 3.9% | 1.55 | 3.7 Mil | Corporate |
PENN Entertainment Inc 5.63% | 1.51 | 3.6 Mil | Corporate |
iShares 0-5 Year High Yield Corp Bd ETF | 1.50 | 3.5 Mil | — |
Wells Fargo & Co. 5.9% | 1.47 | 3.5 Mil | Corporate |
UBS Group AG 6.54% | 1.46 | 3.4 Mil | Corporate |